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World shares steadied have steadied after Friday's drop triggered by AI-related ‌concerns as the Lunar New Year holiday in Asia and President's Day in the US made for thin trading.

Energy bills at risk from big blowout

The local share market has closed modestly higher as traders digest a spate of earnings reports from companies including JB Hi-Fi, Treasury Wine Estates, A2 Milk and BlueScope Steel.

ACCC challenge to Coles' status quo

Australia's share market has had its best week in nine months, despite a bleak final session as jitters around artificial intelligence disruption hit risk sentiment.

A man accused of manslaughter over former Labor secretary Tim Picton's death claims he was scared he would be struck first, a belief police say is "unreasonable".

Albemarle to close WA lithium refinery

Australia's share market has retreated after brushing up against record highs as heavyweight earnings results weighed against shocking misses for smaller companies.

Rivals thrive with less red tape: Comyn

Australia's share market is trading at its highest level since late October after CommBank shares rocketed higher on a record $5.4 billion first-half cash profit.

Commonwealth Bank shares have hit a three-month high after the largest bank lifted earnings and boosted its dividend payout.

The S&P 500 and the Nasdaq has closed lower, while the Dow edged up to its third record close in a row, as investors digested disappointing retail sales figures and waited for ‌a key labour market report.

CSL dumps CEO after bad year, shares slide

The Australian share market has handed back some of its early gains but finished higher as sluggish banks and insurers weighed against upticks in miners, energy and IT stocks.

The S&P 500 and the Nasdaq rose solidly after a shaky ‍start, as technology stocks found their footing following last week's AI-sparked selloff, while investors waited for key economic data that could shed light on the Federal Reserve's interest-rate path.

China Baowu cries foul over InfraBuild tariff push

Australia's share market has rebounded with gusto from the previous session, recapturing the bulk of Friday's more than $60 billion in losses.

Vehicle sales platform CAR Group says it's using AI to let consumers browse for new vehicles using conversational voice search, after posting a rise in profit.

The Dow Jones Industrial Average surged to close above the 50,000 mark for the first time on Friday.

Lender Pepper Money in privatisation talks

Australia's share market has logged its worst session in 10 months, after US tech worries and aftershocks from the precious metals sell-off hammered risk sentiment.

Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its ‍lowest since November by losses in Microsoft, Amazon and other tech heavyweights after Alphabet said it could double capital spending on AI in the race to dominate the ​emerging technology.

CGT discount may hit 3.8pc

Australia's share market has traded lower, with miners and energy stocks tumbling as commodity price volatility continues.

More drops for technology stocks weighed on Wall Street Wednesday.

RBA ‘skirted fiscal reason for rate rise'

Australia's share market has shrugged off a morning slump to charge higher by the close, buoyed by strength in large cap miners, banks and energy stocks.

The US stock market sank in mixed trading on Tuesday, while gold and silver bounced higher after their latest sell-off.

Rate up in weak economy

Resurgent performances from miners and banks have lifted the Australian bourse higher, but a monetary policy pivot could pave a bumpy road ahead for investors.

US stocks rose on Monday following sharp swings that shook financial markets overnight, including tumbles for Asian stocks. Gold and silver prices sank further following their latest wild moves.

Big business urges $50b spending cut